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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
NYSE:CIB

Bancolombia Stock Forecast, Price & News

$28.81
-0.99 (-3.32%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$28.49
$29.83
50-Day Range
$28.81
$45.32
52-Week Range
$27.64
$45.98
Volume
512,298 shs
Average Volume
512,038 shs
Market Capitalization
$6.93 billion
P/E Ratio
5.03
Dividend Yield
11.07%
Price Target
$43.80

Bancolombia MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
52.0% Upside
$43.80 Price Target
Short Interest
Healthy
0.26% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.06mentions of Bancolombia in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.80%
From $6.04 to $6.33 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.51 out of 5 stars

Finance Sector

220th out of 1,396 stocks

Commercial Banks, Not Elsewhere Classified Industry

8th out of 40 stocks

30 days | 90 days | 365 days | Advanced Chart

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Bancolombia logo

About Bancolombia (NYSE:CIB) Stock

Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; factoring; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides project and acquisition finance, debt and equity capital markets, principal investments, M&A, hedging strategies, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; and transportation, securities brokerage, maintenance and remodeling, and outsourcing services. As of December 31, 2021, it operated 1,015 branches; 28,676 banking correspondents; 529 PAMs; 210 kiosks in El Salvador and 187 in Colombia; and 6,094 ATMs. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.

CIB Stock News Headlines

Best Growth Stocks to Buy for June 29th
Bancolombia (NYSE:CIB) Shares Gap Down to $37.50
Best Income Stocks to Buy for May 25th
Is BanColombia (CIB) a Great Value Stock Right Now?
See More Headlines

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
31,245
Year Founded
N/A

Company Calendar

Ex-Dividend for 4/11 Dividend
3/31/2022
Dividend Payable
4/11/2022
Last Earnings
5/11/2022
Ex-Dividend for 7/11 Dividend
6/28/2022
Today
7/07/2022
Dividend Payable
7/11/2022
Next Earnings (Estimated)
8/10/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$43.80
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+52.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.625
Research Coverage
8 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
39.14%

Debt

Sales & Book Value

Annual Sales
$5.87 billion
Cash Flow
$5.44 per share
Book Value
$42.33 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.93 billion
Optionable
Not Optionable
Beta
1.36














Bancolombia Frequently Asked Questions

Should I buy or sell Bancolombia stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Bancolombia stock.
View analyst ratings for Bancolombia
or view top-rated stocks.

What is Bancolombia's stock price forecast for 2022?

8 Wall Street analysts have issued 1-year target prices for Bancolombia's shares. Their CIB stock forecasts range from $34.00 to $47.00. On average, they anticipate Bancolombia's stock price to reach $43.80 in the next twelve months. This suggests a possible upside of 52.0% from the stock's current price.
View analysts' price targets for Bancolombia
or view top-rated stocks among Wall Street analysts.

How has Bancolombia's stock price performed in 2022?

Bancolombia's stock was trading at $31.59 at the beginning of 2022. Since then, CIB stock has decreased by 8.8% and is now trading at $28.81.
View the best growth stocks for 2022 here
.

Are investors shorting Bancolombia?

Bancolombia saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 289,400 shares, a decrease of 68.7% from the May 31st total of 923,600 shares. Based on an average daily volume of 425,000 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company's shares are short sold.
View Bancolombia's Short Interest
.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Bancolombia
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) released its earnings results on Wednesday, May, 11th. The bank reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.75. The bank earned $1.35 billion during the quarter. Bancolombia had a net margin of 22.87% and a trailing twelve-month return on equity of 14.28%.
View Bancolombia's earnings history
.

How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia?

Bancolombia declared a quarterly dividend on Wednesday, June 8th. Shareholders of record on Wednesday, June 29th will be given a dividend of $0.825 per share on Monday, July 11th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 11.45%. The ex-dividend date of this dividend is Tuesday, June 28th.
View Bancolombia's dividend history
.

Is Bancolombia a good dividend stock?

Bancolombia(NYSE:CIB) pays an annual dividend of $3.30 per share and currently has a dividend yield of 11.07%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Bancolombia is 57.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bancolombia will have a dividend payout ratio of 52.13% next year. This indicates that Bancolombia will be able to sustain or increase its dividend.
View Bancolombia's dividend history.

Who are Bancolombia's key executives?

Bancolombia's management team includes the following people:
  • Mr. Juan Carlos Mora Uribe, Pres & CEO (Age 57)
  • Mr. José Humberto Acosta Martín, CFO & VP of Fin. (Age 60)
  • Mr. Carlos Daniel Raad Baene, Investor Relations Director & Mang.
  • Dr. Mauricio Rosillo Rojas, Chief Legal Officer, Gen. Sec. & VP of Legal (Age 53)
  • Ms. Claudia Echavarria Uribe, Chief Legal Officer, Gen. Counsel, Legal VP & Sec. Gen. (Age 43)
  • Mr. Rodrigo Prieto Uribe, Chief Risks Officer & VP of Risk (Age 49)
  • Mr. Jose Mauricio Rodriguez Rios, Chief Internal Auditor Officer
  • Mr. Rafael Barraza Domínguez, CEO & Pres of Banco Agrícola SA
  • Ms. Aimeé Tialia Sentmat de Grimaldo, CEO & Pres of Banistmo (Age 52)
  • Mr. Federico Jose Bolanos Coloma, Pres of Banco Agromercantil de Guatemala - BAM

What other stocks do shareholders of Bancolombia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancolombia investors own include Ecopetrol (EC), Grupo Aval Acciones y Valores (AVAL), Pfizer (PFE), GSK (GSK), International Business Machines (IBM), AT&T (T), Tyson Foods (TSN), Verizon Communications (VZ), Wells Fargo & Company (WFC) and Walmart (WMT).

What is Bancolombia's stock symbol?

Bancolombia trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."

How do I buy shares of Bancolombia?

Shares of CIB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $28.81.

How much money does Bancolombia make?

Bancolombia (NYSE:CIB) has a market capitalization of $6.93 billion and generates $5.87 billion in revenue each year. The bank earns $1.23 billion in net income (profit) each year or $5.73 on an earnings per share basis.

How many employees does Bancolombia have?

Bancolombia employs 31,245 workers across the globe.

How can I contact Bancolombia?

Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The official website for Bancolombia is www.grupobancolombia.com. The bank can be reached via phone at (574) 404-1837, via email at caa@bancolombia.com, or via fax at 574-404-5146.

This page (NYSE:CIB) was last updated on 7/7/2022 by MarketBeat.com Staff

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